Profitable Salon Suite Business with Semi Absentee Ownership
$450,000
Real estate included
The property comes with the business.
Training included
The seller will help you get up to speed after closing.
About this business
Established Salon Suite Rental Business in Palm Beach County with semi-absentee ownership, no employees, and a great work environment for beauty care professionals. Opportunity to increase revenue by reaching full capacity. Seller provides training for administrative tasks.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$450,000
- Annual Revenue$143,000
- SDE$34,558
- 13×
- Price to SDE
- 3.1×
- Price to revenue
- 24%
- SDE margin
- Approx. Inventory Value
- $130,000
- Approximate FF&E
- $130,000
Details
- 2019
- Established · 7 yrs
- Salon Suite Rental Business
- Business type
- Leased
- Premises
Financing & transition
- Training after the sale
- Included
- Cost
- Free
Property & lease
- Premises
- Leased
- Rent (monthly)
- $5,694
- Lease Expiration
- Jan 31, 2029
- Lease Renewable
- Yes
Where it is · Miami, Florida
Somewhere in Miami, Florida. The exact address is not on this listing.
Ad#:692
The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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